Fake Banking App Found on Google Play Used in SMiShing Scheme

Banks are offering more features and upgrades for their banking apps, and thanks to their convenience more users are adopting mobile banking services around the world. But as new financial technology proliferates and users start to look for apps and other services from their particular bank, opportunities for scammers also increase. One recent example of this is the app Movil Secure. We found this malicious app on Google Play on October 22, as part of a SMiShing scheme targeting Spanish-speaking users.